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Sun Life Financial Inc (N:SLF)

Business Focus: Life & Health Insurance

Sector:  Financials Industry:  Life & Health Insurance
Company Contact
Address: Sun Life Assurance Co Of Canada
One York Street
Tel: N/A
IR: See website
Key People
Kevin David Strain
President, Director
Linda M. Dougherty
Executive Vice President - Corporate Strategy and Global Marketing
Dean Arthur Connor
Chief Executive Officer, Director
Daniel R. Fishbein
President - Sun Life U.S
Jacques Goulet
President - Sun Life Canada
Leo Grepin
President - Sun Life Asia
Stephen Clarkson Peacher
President - SLC Management
Helena J. Pagano
Chief Human Resource and Communications Officer, Executive Vice President
Laura A. Money
Executive Vice President, Chief Information Officer
Colm Joseph Freyne
Executive Vice President, Chief Risk Officer
Business Overview
Sun Life Financial Inc. is the holding company of Sun Life Assurance Company of Canada. The Company is an international financial services organization providing insurance, wealth and asset management solutions to individual and corporate clients. It has its operations in various markets including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. It operates through five business segments: Canada, United States (U.S.), Asset Management, Asia, and Corporate. The Canada business segment is a provider of protection, health, and wealth solutions, providing products and services. The U.S. segment is the benefits providers in the U.S. market. Asset Management business segment is comprised of MFS and SLC Management. Asia segment consists of two business units: Insurance and Wealth and International.
Financial Overview
For the fiscal year ended 31 December 2020, Sun LifeFinancial Inc revenues increased 12% to C$36.48B. Netincome applicable to common stockholders excludingextraordinary items decreased 8% to C$2.41B. Revenuesreflect SLF Asia segment increase of 36% to C$7.87B, SLFCanada segment increase of 6% to C$21.63B, Asia segmentincrease of 36% to C$7.87B, Canada segment increase of 6%to C$21.63B. Net income was offset by Salaries, bonus.